Thursday, 28 August 2014
Last updated 2 hours ago
Jan 5 2012 | 12:10pm ET
The woman whose illegal left turn killed a hedge fund executive last year has been sentenced to 60 days in jail.
Naisha Sutton, 25 at the time of the accident in September 2010, pleaded guilty to leaving the scene of an accident. She struck Angelo Gordon vice president Ronen Katz on New York's busy West Street while making an illegal left turn from Canal Street. Katz, who was riding a motorcycle, was 27 years old.
Sutton, who had only a learner's permit and turned herself in three hours after the accident, was spared a tougher sentence because she was neither speeding nor drinking and had stopped after the fatal run-in, prosecutors said. She will serve three years' probation after her release.
"They realized that she actually got out of the car and asked that people call 911," her lawyer, Howard Simmons, said. Sutton, who was traveling with her 22-month-old child, "panicked" and then sped off.
Simmons added that Katz's family, who live in Israel, did not ask for felony charges against the young mother.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...